nach vernünftiger kaufmännischer Beurteilung

English translation: (dictated by) prudent business judgement

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Explanation:This is the translation used in "Deutsches Bilanzrecht/German Accounting Legislation", 4. Auflage, PwC/IDW-Verlag, December 2006, and as the originator I'm pretty confident that this is the most appropriate translation of a thoroughly un-English concept.

It appears in conjunction with provisions in in section 253(1) of the HGB:

Section 253 Measurement of assets and liabilities
(1) Assets may not be recognised at an amount higher than their purchase or production cost, reduced by depreciation, amortisation and write-downs in accordance with subsections (2) and (3) below. Liabilities shall be recognised at their settlement amount, obligations under annuity payment arrangements for which a consideration can no longer be expected at their present value, and provisions only at the amount dictated by prudent business judgement; provisions may only be discounted if the underlying obligation contains an interest component.

For your sentence, this gives:

"Other provisions take account of all risks and uncertain obligations identifiable at the date of preparation of the financial statements and are recognised at (or: in) the amounts dictated by prudent business judgement."

Explanation:'salesman' is misleading as it could be more than one salesman, or anothetr party in the business whereas 'commercial is a reasonable translation of 'kaufmennische' that does not identify the assessor(s)

Explanation:This is the translation used in "Deutsches Bilanzrecht/German Accounting Legislation", 4. Auflage, PwC/IDW-Verlag, December 2006, and as the originator I'm pretty confident that this is the most appropriate translation of a thoroughly un-English concept.

It appears in conjunction with provisions in in section 253(1) of the HGB:

Section 253 Measurement of assets and liabilities
(1) Assets may not be recognised at an amount higher than their purchase or production cost, reduced by depreciation, amortisation and write-downs in accordance with subsections (2) and (3) below. Liabilities shall be recognised at their settlement amount, obligations under annuity payment arrangements for which a consideration can no longer be expected at their present value, and provisions only at the amount dictated by prudent business judgement; provisions may only be discounted if the underlying obligation contains an interest component.

For your sentence, this gives:

"Other provisions take account of all risks and uncertain obligations identifiable at the date of preparation of the financial statements and are recognised at (or: in) the amounts dictated by prudent business judgement."

Steffen Walter: While this may be entirely correct and appropriate in a strictly legal context, accounting uses other terms/phrases (see Robin's suggestion above). / Yes - I figured as much... what is wrong with that?